Answer To: Unit of Competency BSBINN601 lead and manage organisational change Student Assessment PACK Student...
Shivagya answered on May 20 2020
Bizops enterprises
1. Identify strategic change needs through an analysis of organisational objectives and the corporate and/or competitive strategies
BizOps Enterprises requires an immediate change in its strategy from a Human Resources and Learning & Development perspective. Among the key issues were the leaving of managers, improper replacement hiring, training and development of staff in new technology to be implemented and low staff morale. As is visible from the calculations below the growth of the company has been to the tune of 15 % annually. Reinvestment in the business in is about 13.2 % of the net expenditure and expenditure is at 85 % of the income annually thus making the profits 15 %. The other key issues that were identified was the loss of market share due to the inability to adapt its products and strategy and to ineffective implementation of technology throughout the organization. All these arenas require an immediate resolution to their problems for the company to achieve its objectives. The company need to readjust its hiring and retaining policies all the while implementing new reinvestment and research budgets to improve its technological scope. It also needs to hire a new learning and development officer to assist in the implementation of new technologies across the firm. The manufacturing division needs to be completely redesigning and habit redefinition.
15-16
16-17
17-18
18-19
19-20
Income
1500,00,000
1725,00,000
1983,75,000
2281,31,250
2623,50,937
Expenditure
1275,00,000
1467,25,000
1686,18,750
1938,75,000
2229,98,297
Profit
225,00,000
257,75,000
297,56,250
342,56,250
393,52,640
Reinvest
168,75,000
193,31,250
223,17,188
256,92,188
295,14,480
E/I
0.85
0.85057971
0.85
0.84983973
0.850000002
P/I
0.15
0.14942029
0.15
0.15016027
0.149999998
R/I
0.1125
0.112065217
0.112500003
0.112620204
0.112499998
% Growth
-
15
15
15
14.99999978
R/E
0.13235294
0.131751576
0.132352944
0.132519345
0.132352939
2. Identify change requirements:
a) Conduct an analysis of the organisation’s internal and external environments to identify impacts on the new strategic objectives using appropriate analytical tools such as the PEST framework for external analysis.
Political
Economical
The Political environment was governed by the various legal statutes, codes, guides and regulations in place to govern the business environment such as,
· Anti-Discrimination Legislation
· Company law
· Australian Securities and Investments Commission (ASIC) requirements
· Employee contracts
· Enterprise agreements
, etc.
As is mentioned in the case, the company has been losing market share rapidly in light of the facts that its key managers have been leaving the firm without their adequate replacements which has led to the company’s lowered adaptability to the latest technologies. This has left the company’s products less competitive and relevant in the current market. As can be seen from the financial analysis, the company has had a steady growth rate and to perform better in the current market it needs to focus on the competitiveness and relevance of its products.
Social
Technological
The social aspects of the case revolve around the green image projected by firms like BizOps Enterprises and its competitors. The company was known for its high quality products with a “green bias”. Thus it can be deduced the key differentiators in most of the products in the industry were the amount of services provided, the more advanced the technology in the product, and the cleaner and environment friendly the product.
As identified as one of the key differentiating factors among products, the industry is definitely heavily innovation and technology dependant thus any lapses in that particular domain can lead to the lack in a firm’s competitiveness and its product’s attractiveness to buyers and clients.
b) Provide a SWOT analysis summary of the organisation's strengths, weaknesses, opportunities and threats in relation to the organisational objectives and corporate and/or competitive strategies.
Strengths
Weaknesses
· Steady historical growth rate of the company will help keep stakeholders satisfied & also help gain trust in the short term
· The company has adequate operations in place for distribution of products and sufficient channels to market to
· Inclusive and enthusiastic culture, implying there should be lesser difficulty in employing new training and teaching methods to implement the new technology across the...